Newtek announced on Monday (April 27) that its lender program, Newtek Small Business Finance (NSBF), has funded $518.2 million in loans for the federal Paycheck Protection Program (PPP), according to a press release. Get the Full Story Complete the form to unlock this article and...
To help support the operations of small and medium-sized businesses (SMBs) as they contend with the economic disruption brought by the coronavirus, IDB Invest and the Mexican Business Council (CMN) have unveiled an effort to offer a maximum of $12 billion in loans annually. Get...
Challenger bank Shine, a French startup, has introduced a new program to insure invoices to help make sure they are paid, according to a TechCrunch report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Silicon Valley working capital FinTech Taulia is partnering with J.P. Morgan to develop a new trade finance solution that will give businesses liquidity to strengthen their supply chain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
While the B2B procure-to-pay arena has continued its pursuit of a consumer-like experience in product sourcing, online purchasing and payments, B2B payments have a long way to go before they mirror anything like the ease and speed of peer-to-peer (P2P) payments. Get the Full Story...
The food and beverage industry is enduring some of the most dramatic and sudden fluctuations in customer demand and shopping habits of any other market during the coronavirus pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The coronavirus pandemic has undoubtedly impacted B2B supplier payment practices as more companies struggle to manage cash flow with shuttered stores and disrupted supply chains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Shipments and spending were down in the first quarter of 2020 compared to the fourth quarter of 2019, according to the U.S. Bancorp Freight Payment Indexes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Silicon Valley FinTech startup Digits announced a $22 million Series B funding round led by GV — formerly known as Google Ventures — to launch its new expense monitoring dashboard, according to a company blog post. Get the Full Story Complete the form to unlock...
